JMP Securities Reiterates Market Outperform on Planet Labs, Maintains $4 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Trevor Walsh has reiterated a Market Outperform rating on Planet Labs (NYSE:PL) and maintained a $4 price target.
June 27, 2024 | 3:28 pm
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JMP Securities has reiterated a Market Outperform rating on Planet Labs and maintained a $4 price target, indicating confidence in the company's future performance.
The reiteration of a Market Outperform rating and the maintenance of a $4 price target by JMP Securities suggests strong confidence in Planet Labs' future performance. This positive analyst rating is likely to boost investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100